Posted on 09/01/2023 9:15:43 AM PDT by Red Badger
Letitia James, who ran on a “Get Trump’ ticket, filed a civil action against President Donald Trump’s Organization that was unsealed in New York.
According to Yahoo News, she wants Trump and his organization found guilty without a trial:
While running his father’s family real estate empire, former President Donald Trump bloated his net worth by a staggering $2 billion, New York Attorney General Letitia James charged in asking a Manhattan judge to rule against the Trumps before their upcoming $250 million civil fraud trial, according to court filings unsealed Wednesday.
James asked State Supreme Court Judge Arthur Engoron to resolve one of the fraud claims facing the Trumps encompassing a chunk of the case slated for trial Oct. 2 by recognizing a “mountain of undisputed evidence” of rampant fraud.
“No trial is required for the Court to determine that (Trump) presented grossly and materially inflated asset values in (financial filings) and then used those (filings) repeatedly in business transactions to defraud banks and insurers,” the filing said.
She doesn’t even want him to have a trial!
James accuses him of inflating his network by $2 billion to strengthen the Trump Organization’s position in the city’s real estate market.
James has been investigating Donald Trump for years. She couldn’t find anything criminal so she went for civil cases. In addition to the one on October 2, she has one for an alleged pyramid scheme on January 29.
GO DEEPER
Among the alleged wrongdoings, AG James claims Trump overvalued by up to 39 percent assets like his New York skyscrapers, golf courses and residential properties, and his Mar-a-Lago compound in Palm Beach, Florida. Doing so, she claims, allowed the Trump brand to deceive banks, lenders, and business partners with “hundreds of millions of dollars in ill-gotten savings and profits.”
[They all have appraisers.]
Despite the Trump Organization laying claim to a real estate empire worth $6.7 billion in 2014, the New York attorney general claims she has hard evidence the combined value did not exceed $4.5 billion.
As part of the unsealed documents, AG James includes public statements by President Trump accusing her of being a racist and saying that the world would have suffered a nuclear attack from North Korea if he had not chosen to forgo his lucrative career and serve the public as president.
In addition to seeking a $250 million judgment against the Trump Organization, AG James hopes to prevent the Trump family from doing commercial real estate deals in New York for the next five years and permanently bar family members from running or helping direct businesses.
Leftist Democrats have called for lawsuits against Donald Trump and his family to bankrupt them. The locales Democrats chose are filled with far-left Democrats.
Now far-left James doesn’t even want the Trumps to have a trial. The Democrats are tearing our Constitution and justice system apart.
The Soros Ghettopotomus is trying to use Africa style justice. He don’t need a trial. Bring the rubber tire and gasoline.
The media, the Democrats, and far too many Republicans are nodding their heads, saying: “Trump is Hitler. You can’t allow the possibility of letting Hitler become president. We need to throw away the rules and just get rid of this guy.”
Make America Niger Again
She could actually get that ‘request’...................
(Trump) presented grossly and materially inflated asset values in (financial filings) and then used those (filings) repeatedly.
So the only the state can rate asset values they tried that gig before and lost.
NYC over rates or under rates real estate depending on who buys them more than once.
Better yet, bring some rope too. The facist, white honky libs are finally closing in on lynching Justice Thomas. Thirty two years has been a long time but like their Viet Cong brothers, the fascist honky far left are some patient SOBs.
These fascist Communists like James really hate our Constitutional system of government.
The question which “Get Trump” female is stupider.....Fani Willis or Letitia James?
Letitia James charged that while running his father’s family real estate empire, US President Donald Trump bloated his net worth by a staggering $2 billion.
This is ridiculous on its face.......banks lent the Trumps millions of dollars b/c real estate is mostly leverage.
No bank lends money without a brutal vetting of the applicant’s holdings.
Better people than James.....well-versed in finance......looked at Trump’s holdings and signed off on millions in loans.
Not. The. Bee.
“James accuses him of inflating his network by $2 billion to strengthen the Trump Organization’s position in the city’s real estate market”.
When Musk took over Twitter it’s value was inflated with thousands of bots to give the impression it was doing great.
They are really desperate, aren’t they?
so what’s the problem with that, comrade??/s
Whatever happened to Trumps tax returns?
the commies are not even trying to hide their tyranny any more
"Blazing Saddles" often comes to mind these days. These surreal, absurd times are a parody of themselves on a daily basis.
Here we go from one of the opening scenes, laying railroad track "You'd think it was 120 degrees; can't be more'n 114 (ha-ha-ha):
https://www.google.com/search?q=blazing+saddles+%22you%27d+think+it+was+120+degrees&rlz=1C1CHZN_enUS1069US1069&oq=blazing+saddles+%22you%27d+think+it+was+120+degrees&aqs=chrome..69i64j5j5i10i44.18604j0j7&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:d8a292da,vid:SJweV0-yg9A
Sounds like Letitia does not have a case and is trying to save face for her ineptitude.
I see many posts on FR saying inflated asset values on a mortgage application is no big deal. that is wrong. It’s illegal to knowing lie about asset values on the application. That said, I dont think Trump lied on those applications so it likely comes down to an opinion about what the value is. Nothing illegal about that.
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